Short Interest in SMC Co. (OTCMKTS:SMCAY) Declines By 63.8%

SMC Co. (OTCMKTS:SMCAY) was the recipient of a significant drop in short interest during the month of February. As of February 28th, there was short interest totalling 71,100 shares, a drop of 63.8% from the February 13th total of 196,200 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 1,158,600 shares, the short-interest ratio is currently 0.1 days.

SMC Trading Down 0.1 %

OTCMKTS SMCAY traded down $0.01 on Thursday, reaching $19.65. The stock had a trading volume of 262,825 shares, compared to its average volume of 692,796. SMC has a 1 year low of $17.18 and a 1 year high of $30.58. The business has a 50 day moving average price of $18.74 and a 200 day moving average price of $20.43. The company has a market capitalization of $25.68 billion, a price-to-earnings ratio of 23.96, a P/E/G ratio of 16.73 and a beta of 0.80.

SMC (OTCMKTS:SMCAY) last released its quarterly earnings data on Friday, February 14th. The company reported $0.22 EPS for the quarter. The firm had revenue of $1.28 billion for the quarter. SMC had a return on equity of 8.31% and a net margin of 20.52%. On average, analysts anticipate that SMC will post 0.79 earnings per share for the current fiscal year.

SMC Company Profile

SMC Corporation manufactures, processes, and sells automatic control equipment, sintered filters, and various types of filtration equipment worldwide. The company offers air management system, directional control valves, air cylinders, rotatory actuators/air grippers, electric actuators/cylinders, fitting and tubing, and modular F.R.L./pressure control equipment, as well as vacuum, air preparation, and lubrication equipment.